Thank you, Mr. Chair.
I appreciate your being here today. It's always nice to have expertise like yours.
I'd like to get a better understanding of your operation, your fee structure and that type of thing. My understanding is that Nav Canada was created in 1995 or 1996, somewhere around there. The idea was to allow the air navigation system to operate in a more businesslike fashion and also to ensure the elimination of the dependency on taxpayer funding. That's basically the genesis of Nav Canada. Is that correct?